Commodity News
SunSirs: The Soybean Meal Production in the United States for 2024/2025 is 57.08 Million Tons
October 15 2024 09:29:30 SunSirs (Selena)
The US Department of Agriculture maintains the 2024/2025 US soybean meal supply and demand data unchanged in the supply and demand report, with a production of 57.08 million short tons, an increase of 5.7% year-on-year; Export 17.5 million short tons, a year-on-year increase of 9.4%; Domestic usage was 40.13 million short tons, an increase of 3.9% year-on-year; The ending inventory was 450,000 short tons, an increase of 12.5% year-on-year. The estimated annual average price remains at $320 per short ton.
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Related Information
- 2025-05-21 SunSirs: Negative News, China Soybean Meal Market is Weak and Falling
- 2025-05-20 SunSirs: Expected Weak China Domestic Soybean Meal Prices in the Near Future
- 2025-05-19 SunSirs: Brazil's Soybean Meal Exports Increased 60% Year-on-year at the beginning of May
- 2025-05-14 SunSirs: Negative News Hits, China Soybean Meal Market Continues to Fall
- 2025-05-12 SunSirs: The Total Import Volume of Soybean Meal in the European Union has Reached 15.77 Million Tons in 2024/25
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